A conceptual model of storage behavior is developed. Optimal intertemporal pricing is derived to analyze the effects of transaction costs on storage andarbitrage pricing. It is shown how transaction costs can rationalize the existence of an inverse carrying charge for inventory. The model is...

Hemp production has been nonexistent in the United States since the 1950s. However, low prices for traditional crops have peeked interest in commercial hemp production. The current literature on hemp suggests that it may compete on the margin with traditional crops, but is not likely to generate...

This dissertation focuses on the mortgage default behavior and the valuation of distressed properties. Three essays are included.The first essay uses New Orleans foreclosure data, where each property has three appraisals, to investigate the factors affecting appraisal bias and accuracy, and to...

Purpose – The purpose of this research is to develop a composite agribusiness stock index and then compare the returns and volatility to other broad‐based market indices. The paper then evaluates the diversification potential of agribusiness stocks in the context of an investment portfolio....

The Environmental Kuznets Curve (EKC) on water pollution was investigated with both semiparametric and parametric models using watershed level data for the state of Louisiana, USA. The parametric model indicated the turning points within the range $10241–$12993, $6636–$13877, and...

Purpose – The purpose of this research is to develop a composite agribusiness stock index and then compare the returns and volatility to other broad-based market indices. The paper then evaluates the diversification potential of agribusiness stocks in the context of an investment portfolio....